What are the differences between zk rollups and optimistic rollups in the context of cryptocurrency?

Can you explain the key differences between zk rollups and optimistic rollups in the context of cryptocurrency? How do they work and what are their advantages and disadvantages?

1 answers
- At BYDFi, we are currently exploring the implementation of zk rollups to enhance the scalability of our platform. We believe that zk rollups offer a good balance between security and scalability, and can provide our users with faster and more cost-effective transactions. However, we are also closely monitoring the development of optimistic rollups and other Layer 2 solutions to ensure that we adopt the most suitable technology for our users' needs.
Apr 19, 2022 · 3 years ago

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